30625-30635 Martindale Rd - Apartments FOR SALE


New Hudson, MI 48165
$1,575,000 USD
248-972-7040
30625-30635 Martindale Rd, New Hudson, MI for Sale
$1,575,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

30625-30635 Martindale Rd
New Hudson, MI 48165


HIGHLIGHTS

  • Recently updated, low maintenance exterior with ample greenspace on a 3-acre parcel.
  • Proven value add.
  • Current zoning allows for 4 additional units to be constructed.
  • Property is serviced by well/septic (public utilities are available).
  • Each unit has a private entry, covered porch and patio.

OVERVIEW

Skyewest Townhomes is an 8-unit multifamily community situated in Lyon Township, within the highly desirable Oakland County. This property consists entirely of two-bedroom townhomes, each averaging 1,050 square feet. Every condo-style home features a private covered entrance and patio and comes equipped with an in-unit washer/dryer. The community's prime location near major highways such as I-96, I-275, and US-23 makes it attractive to top-tier residents with easy access to local employment opportunities. Median income for this area is approximately $138,000/year.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

8

PRICE/UNIT

$196,875

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skyewest Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

15

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

AI

APN/PARCEL ID

21-05-252-024

ASK ABOUT THIS PROPERTY

Michael McClaffertyBerkadia Real Estate AdvisorsMore Info
248-972-7040

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Michael McClaffertyBerkadia Real Estate AdvisorsMore Info
248-972-7040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.